Tanious Jubran N. 4
4 · Savers Value Village, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Savers Value Village President Tanious Jubran Exercises Options, Sells Shares
What Happened
Tanious Jubran, President & COO of Savers Value Village, exercised stock options and sold shares on March 11, 2026. The filing shows an exercise (derivative acquisition) of 100,000 shares at $1.41 per share (cost $141,000) and a reported disposition of 100,000 derivative shares at $1.41 (same dollar amount). In a separate open-market sale, he sold 45,000 common shares at a weighted average price of $8.30 per share for proceeds of approximately $373,644. The exercise is a purchase of shares via options; the sales are dispositions (routine liquidity).
Key Details
- Transaction date: March 11, 2026. Filing date: March 13, 2026 (within the typical 2-business-day Form 4 window).
- Option exercise: 100,000 shares at $1.41 per share — $141,000 total. (Reported as acquisition via derivative, code M.)
- Derivative disposition: 100,000 shares at $1.41 per share — $141,000 total (reported separately).
- Open-market sale: 45,000 shares at a weighted average price of $8.30 per share — ~$373,644 proceeds. Per footnote, sale prices ranged from $8.140 to $8.395.
- Shares owned after the transactions: not specified in the provided filing details.
- Notable footnotes: options were granted under the 2019 Management Incentive Plan; the grant vested in equal annual installments and was fully vested on March 28, 2024. The filing excludes a performance-only portion of the original grant, which will be reported separately. The reporting person has offered to provide a breakdown of shares sold at each price upon SEC or shareholder request.
Context
The filing shows both an option exercise and related derivative disposition for 100,000 shares, which indicates the exercised shares were reported as sold or otherwise disposed of; the form does not state whether this was a cashless exercise, sale-to-cover, or a separate transaction. Purchases via option exercise represent acquisition activity, while the open-market sale is a routine disposition providing liquidity. All facts above are directly from the Form 4 filing; no motive is implied.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-11$1.41/sh+100,000$141,000→ 199,712.328 total - Sale
Common Stock
[F1]2026-03-11$8.30/sh−45,000$373,644→ 154,712.328 total - Exercise/Conversion
Stock Options (Right to Purchase)
[F2][F3][F4]2026-03-11$1.41/sh−100,000$141,000→ 0 totalExercise: $1.41Exp: 2029-06-12→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]This price represents the weighted average price per share of common stock of Savers Value Village, Inc. These Shares were executed at a range of prices from $8.140 to $8.395. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
- [F2]Options previously granted under the Registrant's 2019 Management Incentive Plan. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
- [F3]The June 12, 2019 stock option grant vested in substantially equal annual installments over five years starting March 28, 2020, and was fully vested on March 28, 2024.
- [F4]The total outstanding excludes the portion of the original option grant that was solely performance-based, which will be reported separately.